Wouldnt the children need to have 3k to be able to gift it?If your brother has children then they can also gift you 3k a year tax free, if you have children they can also receive 3K a year. Didn't you win a bet of 100k with your brother ,
That could likely be handled via a will.He could of course lend it to you in an interest free loan but when he dies you would owe his estate the €190K (or the €154K if you followed the advice above.). That could be the day after he gave you the loan or in 50 years time but you would still be liable.
True, the will piece just removes the possibility of the estate reclaiming it.But it still would be a Group B gift tax if the brother left the loan as a gift on his death.
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